SEC Form 4 · accession 0001225208-15-013506
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph R Ianniello
Officer — Chief Operating Officer
Period of report
Jun 4, 2015
Accepted (ET)
Jun 5, 2015 · 9:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000813828
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CBS Class B common stockF1 | Apr 13, 2015 | G | 6,494 | $0.00 | D | 208,574 | D | |
| CBS Class B common stockF2 | Jun 4, 2015 | M | 7,636 | $0.00 | A | 216,210 | D | |
| CBS Class B common stock | Jun 4, 2015 | F | 4,273 | $61.74 | D | 211,937 | D | |
| CBS Class B common stock | holding | — | — | — | 4,011 | I | By 401(k) | |
| CBS Class B common stockF3 | holding | — | — | — | 2,324 | I | By Spouse - 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF4,F5 | — | Jun 4, 2015 | M | 7,636 | D | Jun 4, 2014 | — | CBS Class B common stock | 7,636 | 15,272 | D |
Explanation of responses
- F1Bona fide gift by the Reporting Person to a 501(c)(3) charitable organization for no consideration.
- F2On June 4, 2015, the closing price of the CBS Class B common stock on the NYSE was $61.74.
- F3The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the ReportingPerson is the beneficial owner of such securities for purposes of Section 16 or any other purposes.
- F4Granted under the Issuer's long term incentive plan.
- F5The Restricted Share Units vest in four equal annual installments beginning on June 4, 2014 and will be settled by delivery of a corresponding number of the Issuer's shares upon vesting.